Overall unemployment rate moved up to 1.8% with the biggest shift in Manufacturing, which gained 400 roles, based on the most recently available information published in June 2022.
Total employment in the Elkhart-Goshen, IN market rose by 343 jobs in May and the unemployment rate increased compared to the prior month by 40 bps to 1.8%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Elkhart-Goshen, IN unemployment rate is 158 bps below the national rate which is a positive sign.
- Unemployment in the market is 100 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 18.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:
- Manufacturing: 78,600; +400
- Transportation & Utilities: 20,700; -100
- Education & Healthcare: 11,700; +200
- Business Services: 10,900; no change
- Government: 8,500; no change
- Restaurants & Hotels: 7,200; +300
- Construction, Mining: 4,300; +200
- Other Jobs: 4,300; no change
- Financial Services: 2,800; no change
- IT & Development: 400; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.